EURUSD bears return due to Cyprus etc.
Despite recurring bullish spikes from short squeezes,
SPX bearish daily & weekly charts keep dominating & Wile
E Coyote sell off gets closer. EURUSD & global equity
indices remain the dominant factor.
NATGAS & AUDGBP daily bearish warning continues.
CORN daily downtrend continues.
Choppy DXY daily chart retracement continues as EURUSD
buying increases. As usual this is bullish for stocks,
hence more SPX short covering.
SPX daily and weekly overextension continues and this will
not change. Eventually it will crash.